How PFS Can Help You To Be Tax Efficient

When considering the overall picture of financial planning, tax efficiency is a vital piece of the puzzle. The wealth managers at PFS Signature Wealth are committed to safeguarding your wealth and ensuring its longevity across generations. We meticulously identify and leverage all eligible tax deductions to minimize your tax liability. Additionally, we devise innovative strategies to reduce the taxes incurred on your investments, maximizing your returns. Our unwavering dedication lies in providing you with personalized solutions tailored to your unique financial circumstances. Here is a list of some of the ways we can help you be tax efficient:

  • Long-term holistic planning
    • With our holistic picture of your financial situation, we know where you are coming from and where you aspire to be, and we use that information to tailor our advice to your unique financial situation and long-term objectives.
  • Asset location
    • Building your portfolio from the bottom up, PFS Signature Wealth will astutely allocate your investments in the most tax-advantaged accounts. For example, tax-inefficient investments like bonds may be better held in tax-deferred trusts, while tax-efficient investments like stocks can be held in taxable accounts.
  • Tax-loss harvesting
    • We can help guide you through realizing capital losses on underperforming investments to offset realized gains, thereby reducing your taxable income.
  • Income tax planning
    • At PFS Signature Wealth we can help employ strategies like distributing income to beneficiaries, timing distributions, and managing the trust’s investments to minimize the overall tax liability. And for those with a multi-state presence, we can explore domiciling trusts in tax-friendly jurisdictions, minimizing state income tax liabilities.
  • Charitable Giving
    • The wealth managers at PFS Signature Wealth are experienced in developing coordinated strategies to fulfill your charitable intent.  We use vehicles like Donor Advised Funds (DAFs), family foundations, and gifting appreciated stock to optimize the tax benefits while providing the greatest impact.
  • Deductions
    • We do not file tax returns, but we will coordinate with your tax professional to help ensure you are capturing all available deductions, reducing your taxable income on your investments.

While our headquarters may be located in Tampa, Florida, PFS Signature Wealth currently serves clients in 38 states. No matter where you are located we can help.  With over 85 years of collective experience, our fiduciary wealth managers are committed to helping you be tax-efficient, safeguarding your assets and ensuring your legacy endures for generations to come.

Looking for a professional to help you be tax-efficient? Wondering if we’re a mutual fit? Contact us today to schedule a conversation with our team.